It partly read, “The recently approved access to pension funds for mortgage policies can have a positive effect on the real estate sector as more people are able to afford a mortgage to purchase houses. Some of these innovative financing options may support robust growth in connected sectors.
This, again, calls for best practice regulation by the government to create an enabling environment where private sector operations can thrive. The windfall from the electioneering campaigns by some actors may also find their way into the real estate sector.” With all this, the chamber projected that the sector can contribute a higher rate than the 5.2 per cent added to the country’s Gross Domestic Product in Q3 2022.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.